SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Sep 10, 2018

2. SEC Identification Number

42546

3. BIR Tax Identification No.

000-196-724

4. Exact name of issuer as specified in its charter

ASIABEST GROUP INTERNATIONAL INC.

5. Province, country or other jurisdiction of incorporation

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

22ND FLOOR THE PEAK TOWER, 107 LP LEVISTE ST., SALCEDO VILLAGE, MAKATI CITY Postal Code 1227

8. Issuer's telephone number, including area code

(632)9289246

9. Former name or former address, if changed since last report

N/A

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
COMMON SHARES	300,000,000

11. Indicate the item numbers reported herein

ITEM 9: OTHER EVENTS

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Asiabest Group International Inc.ABG

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Share Purchase Agreement with Tiger Resort Asia Limited
Background/Description of the Disclosure
Today,we received information that a group of shareholders of Asiabest Group International Inc. (ABG) (“Sellers”) and Tiger Resort Asia Limited (“Tiger”)signed a Share Purchase Agreement (“Agreement”).Tiger is a Hong Kong corporation and is currently the majority shareholder of Tiger Resort, Leisure and Entertainment, Inc. doing business under the name and style of Okada Manila. Under the Agreement, the Sellers shall sell Two Hundred Million (200,000,000) ABG shares for the total purchase price of Six Hundred Forty-Six Million Five Hundred Thousand Pesos (PhP646,500,000.00).The sale shall be effected by way of Special Block Sale through the PSE on 12 November 2018 or at a date which may be mutually agreed upon by the Parties (“Closing Date”). As a result of the sale, Tigershall obtain control of 2/3 of the outstanding capital stock of ABG. Soon after this Agreement, Tiger shall conduct a Tender Offer to be completed prior to Closing Date.
Other Relevant Information
None.